Glossary / General

car auction

10 Episode Mentions

Too Afraid to Ask

A car auction is like a marketplace where people bid on cars. The highest bidder wins the vehicle, and it’s common for dealers to buy many cars this way.

Technical Definition

A car auction is a public sale where vehicles are sold to the highest bidder, often used for buying and selling large volumes of cars quickly.

Hear It Discussed

"Watch the auction this week. I was so surprised. I thought because the incentives were so good on new cars that typically lowers the prices of used cars as dealers at the auction buying inventory..."
Car Pro Radio Show March 7 26 Hour 1 CarPro Radio Show 02:01

"...an announcement about a single car auction. And it was not the GT 350 that I had been told..."
406: From Barn Finds to Global Buyers with Alex Manos The Collector Car Podcast 14:01

""It's a car auction. Gotta love Meekum. But I'm going to bring this story closer to you. You're going to feel this.""
#342 Bid Smart: Insider Tips for Buying and Selling Cars at Auction Wrench Nation 07:29